Business Emerging Markets Headlines Morocco

Morocco, Most Attractive Destination for FDIs in Africa- Earnest & Young

Morocco reinforced its attractiveness for FDIs on the African continent thanks notably to its political stability and economic reforms, said the London-based multinational professional services firm, Ernst and Young (EY). According to EY’s latest Africa Attractiveness Index (AAI), Morocco was ranked the most luring for foreign investors, followed by Kenya, South Africa, Ghana and Tanzania. […]

Europe International

Germany about to Deport 100 Migrants Flagged ‘Dangerous’

German authorities have established a list of 100 migrants, including several Moroccans, flagged dangerous for national security and are on the verge of deporting them to their home countries. A total of 900 migrants have been flagged ‘dangerous’ but 100 have been put on the deportation list, Moroccan Arabic media Al Massae reports. The list […]

Africa Headlines International Morocco

Morocco, on a Charm Offensive to Join ECOWAS

King Mohammed VI of Morocco sent messages with envoys to heads of state of the West African Economic Community (ECOWAS) which the Kingdom applied to join. In this regards, Minister Delegate to foreign Affairs, Nasser Bourita handed Royal messages to the heads of state of Ghana, Nigeria, Mali and Gambia. In the same vein, head […]

Business Energy

Morocco’s Phosphates Revenues Stood at 42 billion Dirhams in 2016

The consolidated revenues of Morocco’s state-run phosphates company, Office Chérifien de Phosphate (OCP), fell to 42.47 billion dirhams in 2016, compared to 47.73 billion dirhams in 2015. The OCP, the world’s leading phosphates exporter, imputed the drop to the slide in phosphate and fertilizer prices, prompting efforts to increase production and cut costs to counter […]

Africa Headlines International Morocco

Morocco’s Ambassador Hands Credentials to President of ECOWAS Commission

The President of the Economic Commission for West African States (ECOWAS), Marcel Alain De Souza, met on Thursday in Abuja, Moha Ou Ali Tagma, who handed him his credentials as Morocco’s Extraordinary and Plenipotentiary Ambassador to the sub-regional organization. Morocco, which has an observer status in the ECOWAS and is bound by strong relations with […]

Headlines Morocco

King vows to make of Rabat-Abuja alliance a framework for consultation on all African issues

King Mohammed VI of Morocco has vowed to make of the Rabat-Abuja strategic alliance a framework for consultation and cooperation on all African issues. This came during a phone call the Moroccan Sovereign had on Wednesday with President of Nigeria Muhammadu Buhari, said the Royal Office in a statement. The King who enquired about the […]

Africa International

Moroccan Attijariwafa Bank Inks Partnership Accords with Ivorian Defense Ministry

Moroccan Attijariwafa Bank Group has inked two partnership agreements with the Ministry of Defense of Côte d’Ivoire, showing the two countries strong determination to improve the working and living conditions for the members of the Ivorian army. The two deals were signed in Abidjan under the chairmanship of President Alassane Ouattara and King Mohammed VI […]

Business Emerging Markets

With Morocco, ECOWAS Becomes 16 Largest Economy in the World

In the face of the paralysis crippling the Maghreb union, Morocco opted to look south reaching out to its partners in West Africa with whom it has been building partnerships on a sound foundation underpinned by a south-south cooperation approach. The recent request by Morocco to join the West African economic community (ECOWAS) is the […]

Headlines Morocco

Morocco’s Return to AU, Conducive to Africa’s Development, Stability- Zambian President

Zambia’s President Edgar Chagwa Lungu welcomed the return of Morocco to the African Union describing the event as beneficial for the development and stability of the continent. “His Excellency President Lungu welcomed Morocco’s return to its institutional family and commended His Majesty the King’s address to the Summit as a historical moment paving the way […]

Africa Columns International Opinions

Morocco Shows the Way towards Economic Integration in Africa

Morocco seems poised to build on its recent diplomatic and economic success in Africa in order to champion an African model of economic integration based on south-south cooperation, solidarity and win-win partnerships. Led by the Monarch himself, Morocco’s African foreign policy has been given priority. Since his ascending to the throne, King Mohammed VI paid […]